February Market Update

3 years ago•By Therese Bolin

February Fast Facts

– Highest House Sale $6,000,000 – 117 Killeaton Street, St Ives

– Highest Apartment Sale $2,095,000 – 401/28 Turramurra Ave, Turramurra

– Properties sold in every Upper North Shore suburb from Chatswood to Asquith

The big question: Is the market slowing down? We believe prices peaked in the last quarter of 2021, and we are now seeing buyer demand and the “heat” in the market cooling and subsequently values adjusting down slightly. Stock levels have increased this year and that means buyers have more options to consider. General market confidence is still good, and we are adjusting to more “normal” selling conditions.

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